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If you’re looking to buy your own Restaurant business, then look no further! Established in August 2014 this vibrant fully licensed European Restaurant (Fine/Casual Dining) is in the heart of Hamilton City Centre. Situated in the street famous for Dining & Pub outlets of all cuisine and well-known for night-life in Hamilton.
All the hard work has been done, consistent growing sales.
The rent is very reasonable for its size and location $27,000 per year plus GST.
Seats 70+ with inside and covered outside dining area as well.
The current owner has been happily running the business and is leaving town now, hence the reluctant sale. Training and on-going support every step of the way from the owner will help you succeed in all aspects of this business. Full operating business/marketing plans & execution road-maps are available and the right candidate will have the same passion for food and beverages and understanding the importance of customer service.
There is ample opportunity to increase profit with one or two working owners.
ASKING PRICE – all offers considered.
*Profit: Sellers Discretionary Earnings, also known as EBPITD (Earnings Before Proprietors Compensation, Interest, Tax and Depreciation). This is the estimated total discretionary earnings (profit) for a business, usually based on historical trading.
Buying a business is an exciting time and will prove to be one the most impactful decisions you will make in your lifetime. We’re here to help you on your journey.
Discover what you can afford, how much your loan repayments may be, and how much you could earn.
Buying a business should be exciting, but it can quickly become stressful if you don’t have experience in accessing business acquisition loans.
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